Faced with the continued devaluation of the Brazilian Real versus the U.S. dollar, Sun Chemical will raise prices on inks in Brazil by 5 percent, effective August 1, 2012.
“With prices to our customers in reais and the majority of our costs in U.S. dollars, this increase is necessary because of the continued weakening in our local currency,” said Greg Lawson, President, Sun Chemical Latin America. “We are committed to continue delivering world class quality, service, innovation and value to our customers as we work through these challenging times together.”